Business and Economy
LIC Plans To Add Rs.300 Billion Worth Of Stock In 2011
Life Insurance Corporation of India, the largest insurer, bought 150 million rupees ($ 3.2 billion) of shares between April and August, and plans to add 300 million rupees from the March 31 and markets remain volatile, according to President DK Mehrotra. “We found some good opportunities in the market during the recent declines,” said Bloomberg [...]
10 Tips For Saving Auto Insurance Premium
With auto insurance premiums rose 40% last year, there has never been a better time to look for ways to cut costs. 1. Good And Bad Changes Insurers have a love / hate relationship with car modifications. It will always be increasing premiums or changes you can make your car more attractive to thieves and [...]
Home Insurance Premiums To Grow By Up To 15% – IBA
Home insurance premiums to increase by 10% to 15% at the end of this year. This is according to the Irish Brokers Association (IBA). Association, said, catastrophic weather conditions, which have experienced around the world, has a ripple effect on the domestic market and are available in the form of higher premiums. Brian McNelis Director [...]
Ping An Insurance First Half Net Profit Up 32.7 Percent
Ping Insurance (Group) Company of China (601318, 2318.HK) Posted by 32.7 percent year-over-year revenue growth in the first half of 12.76 billion yuan 2011net, earnings per share of 1.67 yuan , an increase of 28.5 percent, reported China Business News, referring to the company store.
Younger Customers Wait For Mobile Technology Insurance
There are significant gaps between what consumers want their insurance companies and get what they feel, even though overall satisfaction are high, according to the survey of 7,000 people in 13 countries, Accenture. The survey revealed that young consumers and emerging markets are much more interested in innovations such as mobile services, more likely to [...]
Agent Arrested For Selling Fake Vehicle Insurance Certificate
An insurance agent was arrested Thursday for allegedly selling fake certificates Chromepet vehicle insurance. According to police, stocks (37), as well as Puroshotaman Nagar, Chromepet, was arrested on the sale of fake motor vehicle document Paneerselvam Insurance (46) Pallavaram selvage. June 8 Paneerselvam hand ‘and the 4247 population to get their cars insured with private [...]
Commission To Ban On Sale Of Life Insurance
British Insurers can expect a rude awakening ahead of rules designed to eliminate the commissions given to financial advisers, according to analysts at Nomura. Review of retail distribution, which will take effect in January 2013, will end the commission for the sale of life insurance as a savings product. It is likely that the products [...]
Auto Industry To Invest Rs. 2,50,000 Crore Over Next 10 Years
Government of India, said recently that India’s auto industry is expected to invest around INR 2,50,000 crore in the next 10 years, when the segment is estimated at four wheels touch 10 million units per year. Minister of Heavy Industries and Public Enterprise, Mr. Praful Patel said that “There will be a significant investment INR [...]
Tips To Get Best Insurance Coverage Available
Tips to reduce the confusion of choosing from several options products When it comes to insurance, a plethora of insurance options available, directly, without intermediaries, insurance brokers through offers fully online that put consumers in control policies and portfolios. Moving a lot of products that may seem like a minefield, but it’s easy if you [...]
Quarter Of Smartphone Owners Use Mobile Banking
25 percent of UK mobile internet users now use mobile banking services, online consumer research released today by the experts in web and mobile antenna App With the number of mobile Internet-enabled mobile phones continues to grow around the world, banks that address both the demand for mobile applications and use of the mobile web [...]